The Day-To-Day Activities
- Financial Reporting & Accounting
- Manage and oversee the full asset lifecycle from capital project initiation to asset retirement.
- Oversee inventory accounting activities, including recording and reconciliation.
- Ensure all asset/inventory recognition is n in line with Malaysia Financial Reporting Standard (MFRS).
- Prepare and review monthly, quarterly, and annual fixed asset and inventory financial reports and disclosures.
- Perform fixed asset/inventory reconciliations between sub-ledgers, general ledger, and physical asset records.
- Governance & Compliance
- Establish and maintain internal controls and policies for fixed assets and inventory accounting.
- Ensure compliance with accounting standards, internal policies, and regulatory requirements.
- Support internal and external audits with documentation, reconciliations, and explanations of variances.
- Monitor adherence to capitalization thresholds, approval workflows, and inventory management protocols.
- Systems & Process Improvement
- Lead end-to-end review of fixed asset/inventory processes, identifying gaps, inefficiencies, risks, and control weaknesses.
- Design and implement standardized, scalable fixed asset/inventory processes aligned with accounting standards and internal policies.
- Drive process improvements, automation, and standardization of fixed asset/inventory reporting and controls.
- Others
- Assist management in responding to external auditors’ queries involving fixed asset and inventory
- Support the Company’s projects and corporate exercises, where applicable on matters involving matters related to fixed asset and inventory
- Support management in the preparation and compilation of regulatory and compliance-related reporting on an as-needed basis.